Lovable, a Stockholm, Sweden-based AI startup that streamlines software development, has raised $330 million in Series B funding at a $6.6 billion valuation.
Investors
The round was led by CapitalG and Menlo Ventures’ Anthology Fund, with participation from NVentures (NVIDIA), Salesforce Ventures, Databricks Ventures, T.Capital (Deutsche Telekom), Atlassian Ventures, HubSpot Ventures, Khosla Ventures, DST Global, EQT Growth, Kinship Ventures, and returning investors Accel, Creandum, and Evantic.
CapitalG is Alphabet's independent growth fund, investing in generational companies that are transforming enterprise infrastructure, security and data, fintech, and consumer services and marketplaces.
The Anthology Fund is a $100 million venture partnership between Menlo Ventures and Anthropic, designed to back "AI-first" startups. Launched in mid-2024, it provides founders with early-stage capital (starting at $100k) along with exclusive benefits.
Lovable Use of Funds
The funding will enhance integrations with enterprise tools, expand collaboration and governance features, and scale infrastructure that allows users to take prototypes to production-ready products.
About Lovable
Founded by Peter Thörngren and Henrik Skagerlind Fasth, Lovable is a no-code/low-code platform that enables anyone—from product managers to founders—to create fully functional apps, websites, and prototypes without technical expertise. The platform supports rapid product development, real-time collaboration, and enterprise adoption. Lovable empowers both teams and individuals to reduce time-to-market, ship real products in production, and transform workflows across industries, including finance, healthcare, and consumer technology. Headquartered in Stockholm, Sweden, its customers include enterprises such as Klarna, Deutsche Telekom, Uber, and Zendesk, as well as founders launching new ventures.
Funding Details
Company: Lovable Labs, Inc.
Raised: $330.0M
Round: Series B
Funding Date: December 2025
Lead Investor: CapitalG, Menlo Ventures (Anthology Fund)
Additional Investors: NVentures, Salesforce Ventures, Databricks Ventures, T.Capital, Atlassian Ventures, HubSpot Ventures, Khosla Ventures, DST Global, EQT Growth, Kinship Ventures, Accel, Creandum, Evantic
Company Website: https://www.lovable.com/
Software Category: No-Code / Low-Code Development Platform / Software Development
Source: https://lovable.dev/blog/series-b